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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (191023)3/16/2009 3:15:19 PM
From: Secret_Agent_ManRespond to of 306849
 
because they were all "bets" there is no real paper behind any of it



To: bentway who wrote (191023)3/16/2009 5:52:09 PM
From: geode00Read Replies (1) | Respond to of 306849
 
I'm saying that they were gambling that there would be either no losses or moderate losses....mostly no losses. Alternatively, they were gambling that they would be long gone and in a cushy retirement before the losses began to appear.